topic Re: Your advice on converting to a CSP in Credit Cards

Your advice on converting to a CSP

CreditPacMan — Tue, 15 Jul 2014 07:42:24 GMT

I've been approved for the CS just two weeks ago .. before reading the threads on this forum I called the CS and asked if it was possible to PC the regular Sapphire to the preferred version. They checked and told me I have to wait a year before a PC was to be allowed .. but they told me I can apply for the CSP if I want.

I applied and got the 7-10 days message. I believe it will be denied as I was also approved for the United Mileage Club after the CS.

Do you think it is wise to call the credit department and ask them to reallocate the credit line for the CS to the CPS before they report it the CR? I have a 5k on the CS ..

Will the CS show on my report as closed or it won't appear at all?

Re: Your advice on converting to a CSP

eagle2013 — Tue, 15 Jul 2014 11:16:04 GMT

@altayar wrote:
I've been approved for the CS just two weeks ago .. before reading the threads on this forum I called the CS and asked if it was possible to PC the regular Sapphire to the preferred version. They checked and told me I have to wait a year before a PC was to be allowed .. but they told me I can apply for the CSP if I want.

I applied and got the 7-10 days message. I believe it will be denied as I was also approved for the United Mileage Club after the CS.

Do you think it is wise to call the credit department and ask them to reallocate the credit line for the CS to the CPS before they report it the CR? I have a 5k on the CS ..

Will the CS show on my report as closed or it won't appear at all?

I just think with 3 Chase apps so close together they need to verify some info. I'd call the backdoor number and see what they say. I think you'll likely get the card but not without speaking to them first. Good luck!!

Re: Your advice on converting to a CSP

CreditPacMan — Tue, 15 Jul 2014 14:54:16 GMT

I'll give them a call today. Thanks!

Re: Your advice on converting to a CSP

mongstradamus — Tue, 15 Jul 2014 15:02:04 GMT

@altayar wrote:
I've been approved for the CS just two weeks ago .. before reading the threads on this forum I called the CS and asked if it was possible to PC the regular Sapphire to the preferred version. They checked and told me I have to wait a year before a PC was to be allowed .. but they told me I can apply for the CSP if I want.

I applied and got the 7-10 days message. I believe it will be denied as I was also approved for the United Mileage Club after the CS.

Do you think it is wise to call the credit department and ask them to reallocate the credit line for the CS to the CPS before they report it the CR? I have a 5k on the CS ..

Will the CS show on my report as closed or it won't appear at all?

The one thing about CSP is the big signup bonus , if you aren't getting that the value isn't as great imo. I would think about doing an new app down the road sometime for the CSP , and ask chase to move CL over from CS to CSP .

Re: Your advice on converting to a CSP

CreditPacMan — Tue, 15 Jul 2014 19:05:20 GMT

So if the CS hasn't shown on my report yet - if I call and move the limit to the CSP (if approved) is the CS going to show on my report as closed?

Re: Your advice on converting to a CSP

heyarrnold — Tue, 15 Jul 2014 19:16:43 GMT

@altayar wrote:
So if the CS hasn't shown on my report yet - if I call and move the limit to the CSP (if approved) is the CS going to show on my report as closed?

Yes, if you close the CS, it will report as being "closed at consumers request."